NOT LISTED FOR SALE

Estimated Value: $208,678 - $308,000

4 Beds
2 Baths
1,564 Sq Ft
$165/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $142,000 $91 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,737/month

179 Days on Market

Highlights

  • Attic
  • Cul-De-Sac
  • Ceiling Fan
  • No HOA
  • Property is near shops
  • 5-minute walk to George Tirada Sr. Park & Baseball Field

About This Home

As of March 2022

Income producing 2 family with many interior updates. Units on different floors: recently refreshed lower, main level unit currently rented @ $875/mo, with tenant handling snow removal for front walkway, and having use of basement and backyard area. Upper level unit, also rented @ $875/mo, has a nearly identical floor plan- This unit features new carpets and refreshed bathroom and kitchen with new appliances, and access to the attic for storage. Currently, the landlord pays for water/sewer, taxes and insurance, and handles the minor lawn maintenance - all other utilities are tenant paid. A savvy investor could enjoy over 10% cap rate on this property!

Last Agent to Sell the Property

Tara Varghese

Fab Real Estate LLC License #REB.0794479 Listed on: 07/20/2021

Last Buyer's Agent

Moe Kyaw

Lakeshore Realty License #RES.0802502

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1869

Lot Details

  • 1,742 Sq Ft Lot
  • Cul-De-Sac

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 1,564 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near shops

Schools

  • Wendell L. Cross Elementary School
  • Wallace Middle School
  • Crosby High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,976

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1564
  • Public Record Living Room Sq Ft: 1564
  • Total Sq Ft: 1564
  • Year Built: 1869
  • Nearby Amenities: Medical Facilities, Shopping/Mall
  • Remarks Public Addendum: Investors only.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/26/2021
  • Directions: Washington St to Sylvan Ave to Ridge Rd to Bergen St - #11 on left.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Storage Space
  • Basement Description: Full With Walk-Out
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 11

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Wendell L. Cross
  • Middle School: Wallace
  • High School: Crosby

Lot Info

  • Acres: 0.0400
  • Lot Description: On Cul-De-Sac
  • Zoning: RM

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1976
  • Total Assessed Value: 32820
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1386608

MLS Schools

  • Elementary School: Wendell L. Cross
  • Middle Jr High School: Wallace
  • High School: Crosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Mar 4, 2022
Sold by
Bondi Vincent
Bought by
Betterhaven Llc
Seller's Agent
Tara Varghese
Fab Real Estate LLC
Buyer's Agent
Moe Kyaw
Lakeshore Realty
List Price
$159,900
Sold Price
$142,000
Premium/Discount to List
-$17,900
-11.19%
Current Estimated Value
$257,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,920
Avg. Annual Appreciation
19.64%
Original Mortgage
$106,500
Outstanding Balance
$99,861
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,703

Purchase Details

Listed on
Sep 17, 2019
Closed on
Nov 18, 2019
Sold by
209 Act Llc
Bought by
Bondi Vincent
Seller's Agent
Charlie Leogrande
Weichert REALTORS Briotti Group
Buyer's Agent
Charlie Leogrande
Weichert REALTORS Briotti Group
List Price
$87,000
Sold Price
$85,000
Premium/Discount to List
-$2,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.37%
Original Mortgage
$76,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2017
Sold by
Addison Realty Llc
Bought by
209 Act Llc

Purchase Details

Closed on
Jun 7, 2007
Sold by
Spangler Markeis
Bought by
Smtih Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Home Buyers Llc
Bought by
Copeland Patricia A

Purchase Details

Closed on
Apr 16, 1999
Sold by
Ap Dev Corp
Bought by
Home Buyers Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Betterhaven Llc $142,000 None Available
Bondi Vincent $85,000 --
209 Act Llc -- --
Smtih Shannon $192,000 --
Copeland Patricia A $76,500 --
Home Buyers Llc $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betterhaven Llc $106,500
Previous Owner Home Buyers Llc $14,000
Previous Owner Bondi Vincent $76,500
Previous Owner Home Buyers Llc $172,800
Previous Owner Home Buyers Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $142,000 -9.8% $91 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
11/07/2021 11/07/21 Price Changed $157,400 -1.6% $101 / Sq Ft
07/20/2021 07/20/21 For Sale $159,900 +88.1% $102 / Sq Ft
11/26/2019 11/26/19 Sold $85,000 -2.3% $54 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $87,000 -- $56 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,983 $88,550 $7,000 $81,550
2024 $4,378 $88,550 $7,000 $81,550
2023 $4,799 $88,550 $7,000 $81,550
2022 $1,976 $32,820 $5,260 $27,560
2021 $1,976 $32,820 $5,260 $27,560
2020 $1,976 $32,820 $5,260 $27,560
2019 $1,976 $32,820 $5,260 $27,560
2018 $1,976 $32,820 $5,260 $27,560
2017 $2,403 $39,910 $5,260 $34,650
2016 $2,403 $39,910 $5,260 $34,650
2015 $2,324 $39,910 $5,260 $34,650
2014 $2,324 $39,910 $5,260 $34,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170420774

SmartMLS

APN: WATE-000346-000467-000052